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Illinois · Nonprofit

MERCY HEALTH CORPORATION

MERCY HEALTH CORPORATION (Illinois) receives grants from 4 organizations whose IRS filings report $73,000 to it, the largest being THE ULM FAMILY FOUNDATION ($55,000). 1 of them have funded it in more than one year.

Revenue FY2025
$32M
Funders on record
4
Grants received
$73k
Net assets
$600M
1/4 repeat funderspeak grant-dependency 0%
01What it does

What Mercy Health Corporation does

Mission

The mission of Mercy Health Corporation (mhc) is "exceptional health care services with a passion for making lives better." the foundation of this mission is based on a vision of quality: excellence in patient care; service: exceptional patient and customer care; partnering: best place to work; and cost: cost-effective care, along with a commitment to the values of healing in the broadest sense, patients come first, treat each other like family and always seek excellence.

As stated on its FY2025 Form 990.

Program

  1. Mercy Health Corporation (mhc) is the parent corporation that supports the following affiliated entities: 1. Javon bea hospital (jbh), with two locations (rockton and riverside), which operates a 4-bed hospital, a 264-bed hospital, and a 17-bed skilled nursing facility in rockford, illinois. Jbh provides inpatient, outpatient, emergency care services and long-term sub-acute care to residents of illinois and the surrounding communities. Rockford health insurance ltd, (rhil) is a wholly owned subsidiary of javon bea hospital, incorporated under the laws of bermuda, and provides the affiliated entities with excess professional and general liability insurance. Jbh has an active volunteer association of 197 volunteers that have donated approximately 16,335 hours for patients, local community services and monetary donations including scholarships.2. Rockford health system ventures, llc (rhsv) is a wholly owned subsidiary of javon bea hospital and was created to manage its investments in joint ventures. Rhsv owns 50% of subsidiary van matre/healthsouth rehabilitation hospital which offers patients a wide range of health specialty services.3. Rhs regional health network, llc (rrhn) which…

    $7,452,908 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $7,452,908.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($10M) Expenses 100 ($5.2M) Net assets 100 ($528M)2022 Revenue 71 ($7.3M) Expenses 118 ($6.1M) Net assets 85 ($450M)2023 Revenue 84 ($8.7M) Expenses 117 ($6.1M) Net assets 92 ($488M)2024 Revenue 1440 ($148M) Expenses 130 ($6.7M) Net assets 102 ($540M)2025 Revenue 315 ($32M) Expenses 150 ($7.8M) Net assets 114 ($600M)
20212022202320242025
Revenue (315)Expenses (150)Net assets (114)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.2B to $1.3B (+7%).

$1.2B
$1.2B
$1.2B
$1.3B
$1.3B
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of MERCY HEALTH CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (80% for the typical peer).

This organization
Typical peer · 863 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.

$5.1M
’21
$1.2M
’22
$2.6M
’23
$141M
’24
$25M
’25
46
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Javon R Bea

President/CEO (see pages 30-31)

Board chair

Thomas R Pool

Chair & director

As listed on its FY2025 Form 990.

2021202220242025
Listed12111011
Joined·+0·+2
No longer listed·1·1
03Who funds it

Who funds it, year by year

2017 → 2022: the base held at 1 funder, grant income rose $3k → $30k.

From the IRS filings of MERCY HEALTH CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MERCY HEALTH CORPORATION leans on a few funders — its largest provides 75% of grant income and the top three 97%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

75%
largest funder
97%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2021 100% · 2022 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

MERCY HEALTH CORPORATION draws 92% of its grant income from funders outside Illinois, across 4 states in all.

IL
WI
CA
GA

In-state vs out-of-state, by year

’17
’18
’21
’22
Illinois out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MERCY HEALTH CORPORATION runs a healthier operating margin than three-quarters of the 452 philanthropy nonprofits its size.

Operating margin76% · top quartile
Months of reserve45.7mo · top quartile
Revenue growth (annualized)33% · top quartile

this organization peer median middle 50% of peers· 452 philanthropy nonprofits $10M–$100M, FY2025

Organizations like MERCY HEALTH CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

8
board members
75%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 2 states

IL
WI

Part of a family of 13 related entities

  • Javon Bea Hospital · exempt
  • Mercyhealth Development Foundation · exempt
  • Mercyhealth Visiting Nurses Association Inc · exempt
  • Rockford Health Physicians · exempt
  • Mercy Health System Association of Volunteers · exempt

Screen this organization

A dated, signed PDF of the compliance screen for MERCY HEALTH CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MERCY HEALTH CORPORATION?
MERCY HEALTH CORPORATION (Illinois) receives grants from 4 organizations whose IRS filings report $73,000 to it, the largest being THE ULM FAMILY FOUNDATION ($55,000). 1 of them have funded it in more than one year.
How many funders does MERCY HEALTH CORPORATION have?
IRS filings report 4 organizations giving $73,000 in grants to MERCY HEALTH CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of MERCY HEALTH CORPORATION?
THE ULM FAMILY FOUNDATION is the largest funder on record, with $55,000 in grants. The full list of funders is on this page.
How can an organization like MERCY HEALTH CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Mercy Health →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing